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Account Payable Skills | Main region

Accounts Payable skills and qualifications

an Accounts Payable working on her computer in the workplace

What skills do you need for an Accounts Payable role?

Some of the key skills that are needed for an Accounts Payable role include:
 
  • Strong data entry skills for expense reports
  • Proficient in Microsoft Excel
  • Knowledge of accounting principles and Accounts Payable processes
  • Familiarity with purchase order processes
  • Ability to work independently and take initiative
If you are looking for a career in Accounts Payable, consider our Accounts Payable job description to discover the required skills for a position in the field.
 

What qualifications do you need for an Accounts Payable role?

In order to work as an Accounts Payable professional, you typically need at least a high school diploma or equivalent. Some employers may prefer to hire candidates with an associate or bachelor's degree in accounting or a related field. Having experience in bookkeeping or accounting is also beneficial.
 

What skills and experience are employers looking for from Accounts Payable professionals?

Employers in the Accounts Payable field are usually looking to hire candidates with the following skills, qualifications and experience:
 
  • A high school diploma or equivalent
  • A degree in accounting, finance, or a related field
  • Experience in an Accounts Payable job function
  • Thorough knowledge of Microsoft Excel and computer software programs such as QuickBooks Online, XERO and SAP
  • Ability to work well with team members from other departments, such as Human Resources and Purchasing
  • Knowledge and demonstrated experience in effective communication, project management strategies and teamwork
  • Good time management skills and conflict resolution techniques
The skills, qualifications and experience employers look for when hiring in the Accounts Payable team depends on the specific role. For example, an Accounts Payable clerk and an Accounts Payable manager have different skillsets employers look out for, the same can be said for Accounts Payable specialists.
 

Can you start in an Accounts Payable role with no experience?

Many start their careers in Accounts Payable positions without any prior experience. If you have strong data entry skills, knowledge of accounting principles and the ability to take initiative, you may be a good candidate for an entry level Accounts Payable role.
 
You can improve your chances of being hired for an Accounts Payable position by obtaining a degree in accounting or finance. Additionally, gaining experience in bookkeeping or accounting is beneficial.
 

Do you need to study/go to university to be an Accounts Payable officer?

No, you don't need to study or go to university to be an Accounts Payable officer. Many individuals begin their careers in this line without any prior formal education in the field.
 
However, having strong data entry abilities, an understanding of financial concepts and the ability to react to requests and feedback quickly are all beneficial. A degree in accounting or financial management can also help you get hired for an Accounts Payable position.
 

What skills does an Accounts Payable officer need to have?

A successful Accounts Payable officer possesses many skills, some of which are listed below.
 
  • Organisational skills: Accounts Payable officers are responsible for overseeing and organising the flow of money in and out of a company. They must be able to multitask and manage their time efficiently in order to complete all necessary tasks.
  • Analytical skills: in order to accurately process payments, Accounts Payable officers must be able to interpret financial data and make sound decisions based on that information.
  • Problem-solving skills: there are often unexpected issues that come up with payments, such as incorrect invoices or missed deadlines. Accounts Payable officers must be able to identify and solve these problems quickly and efficiently.
  • Attention to detail

How do you upskill as an Accounts Payable officer?

After working as an Accounts Payable officer for some time, you can acquire specialised knowledge, skills and expertise. Skills acquired from an Accounts Payable role are transferrable to other roles such as Assistant Accountant, Accountant or Procurement for example.
 
If you’re ambitious and looking to upskill to increase your chances of progressing your career within Accounts Payable or for a lateral career move, Hays Learning offers free online courses to help you boost your skill set. Start upskilling with Hays Learning now for free.
 
 
Alternatively, start your search for Accounts Payable jobs currently advertised in Australia.
 

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